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The DBM Law Firm Blog

DBM Law Blog

Our law firm blog is your legal information resource for the latest tips, news, and legal information online. Using the categories on this page, you can navigate to the area of practice you are most interested in. Whether you are searching for information regarding Family Law, Business Law, Real Estate Law, Personal Injury Law, or anything in between, our law firm blog offers a wealth of information to browse.

All of our most recent blog posts are displayed on this page for you to browse at your leisure. Be sure to bookmark this page as we are regularly posting new tips and helpful legal information online.

Real Estate Law 2019/02/14

B.C.’s Speculation and Vacancy Tax

A new year, a new tax! If you own a residential property in BC, this will affect you. It is called the Speculation & Vacancy Tax. What is the Speculation & Vacancy Tax? The speculation and vacancy tax is an annual tax potentially paid by owners of residential properties in designated taxable regions of B.C. … Continued

Real Estate Law 2018/07/24

The Empty Homes Tax

Alert, Vancouverites! There is a new tax you need to worry about – the Empty Homes Tax! In a future blog post, I will discuss the implications of the Empty Homes Tax on people who are selling and buying homes in the City of Vancouver. For now, I will just focus on current owners of … Continued

Real Estate Law 2018/02/06

Goods and Services Tax

When buying a newly built or substantially renovated home, one tax to consider is the GST. GST is payable on the purchase price of newly constructed homes in Canada. The GST is currently 5%. You may qualify for a GST rebate after the purchase of your new home. There are two rebate programs available: the … Continued

Real Estate Law 2016/08/02

BC Property Transfer Tax Changes That Will Affect Foreign Entities Acquiring Properties in the Greater Vancouver Regional District

Effective August 2, 2016, an additional property transfer tax applies to residential property transfers to foreign entities in the Greater Vancouver Regional District. The Amount of the Additional Property Transfer Tax The additional tax on property transfers to foreign entities is 15% of the fair market value of the foreign entity’s proportionate share of a … Continued

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